Real
estate development represents a key sector within the investment portfolio of
the Social Security Investment Fund. The Fund focuses on developing and
investing in real estate assets owned by the Social Security Corporation and
located in strategic areas across various governorates of the Kingdom. This
contributes to investment diversification, maximizing the economic value of
these assets, and generating stable long-term returns.
In
this sector, the Fund adopts a model based on the development of mixed-use
projects and their leasing through diversified investment structures, including
long-term agreements under the Build-Operate-Transfer (BOT) model, enhancing
the efficiency of real estate asset utilization.
The
Fund has developed and leased a number of land plots and properties through
long-term investment agreements. It has also prepared a comprehensive master
plan for the development of land in Al-Hummar and Al-Qastal areas to establish
investment projects and multi-use facilities. As part of expanding real estate
development opportunities, memoranda of understanding have been signed with
Amman Vision Investment and Development Company and the Housing and Urban
Development Corporation. In addition, the Fund has acquired approximately
56,000 dunums of land within the Amra City project at a preferential price 30%
below its administrative value, enabling the development of future investment
projects with significant added value.
The
Fund has also launched an online portal on its official website to showcase
available real estate investment opportunities across the Kingdom, enabling
investors to explore these opportunities and access detailed information on
their locations and investment characteristics.